Noor Trends News, Technical Analysis, Educational Tools and Recommendations

January, 2022

• 10 January 2022 2:40 pm

  Goldman Now Expects Four Fed Hikes This Year

  

  Goldman Sachs expects the US Federal Reserve to raise interest rates 4 times this year, in March, June, September and December, according to Bloomberg. Rapid progress in the US labour market and hawkish signals in minutes from the Dec 14-15 Federal Open Market Committee suggest faster normalisation, Goldman’s Jan Hatzius said in …

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• 10 January 2022 1:56 pm

  European Shares Fall on Fears of a Rate Hike

  

  European shares fell in early trading on Monday, after last week’s first weekly decline in three weeks, amid rising Covid-19 infections and increasing uncertainty over the course of interest rates. The pan-European STOXX 600 index fell 0.4 percent at 0830 GMT, weighed down by falls in the real estate, technology …

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• 10 January 2022 12:59 pm

  Oil Rises Due to Supply Disruptions in Kazakhstan And Libya

  

  Oil prices rose Monday, January 10, as supply disruptions in Kazakhstan and Libya offset fears stemming from the rapid global rise in infections with the mutated Omicron strain of the coronavirus. Brent crude rose 16 cents, or 0.2%, to $81.91 a barrel, while US West Texas Intermediate crude rose 15 …

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• 10 January 2022 12:37 pm

  Gold Price Settled Near Its Lowest Level in Three Weeks

  

  Gold settled on Monday near its lowest level in three weeks, as traders awaited US inflation data for the month of December, which may boost expectations that the Federal Reserve will raise interest rates sooner than expected after weak data on the US employment rate. There was little change in …

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• 10 January 2022 4:23 am

  Weekly Recap 3 – 7 Jan.

  

  The last trading week ended with a decline in the US dollar as risk appetite improved with optimism around Omicron, in addition to data out of the USA. As a result, the dollar index, which measures the strength of the US currency against a basket of currencies, fell to 95.7. …

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• 8 January 2022 5:05 am

  Market Drivers – US Session – 7 January

  

  Nonfarm Payrolls relatively disappointed prior estimates, but the labor market indicators were stronger than expected. The employment data has had a modest impact on the forex market. In the light of the NFP data, the US Fed is very determined to move out of easing policy settings.Economic DataNonfarm Payrolls (NFP) …

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• 8 January 2022 4:24 am

  What 2022 Will Bring For Cryptocurrency Investors

  

  The first seven days of 2022 have not been kind to bitcoin, as the most famous cryptocurrency lost 11% of its value within days and finished this week at about $42,000; down almost 40% from its all-time high in 2021’s fall.Other digital coins including ethereum and ripple also fell this …

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• 8 January 2022 3:03 am

  What Surprises Could US Stocks Encounter Next Week?

  

  Inflation, rising rates and the Federal Reserve could lash US stocks next week. After a sharp jump in bond yields with the new year, rising rates could again impose a different tone on the stocks next week. Powell and Brainard’s TestimonyBig events, for newt week, include testimony by Federal Reserve …

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• 8 January 2022 2:26 am

  Will Bidenomics’ Bubbles Start To Deflate?

  

  The new year’s first week closed with a usual jobs report signaling solid annual wage growth of 4.7% but a disappointing figure of new jobs. Employment rose by just 199,000 in December, far less than expected. The economy created a record-breaking 6.4 million jobs in 2021, but that was after …

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• 8 January 2022 2:03 am

  Bank of England’s February Rate Hike Still 50:50

  

  Will the Bank of England hike interest rates again at the beginning of February? Market observers do believe the answer is yes. The monetary policy committee may wait until May, though February’s meeting is looking much more 50:50 than it did just a few weeks ago. Partially, that is because …

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• 8 January 2022 12:43 am

  Eurozone Inflation Soars To Record 5 Percent,

  

  Inflation in the Eurozone climbed to an annual rate of 5 percent in December, the second-consecutive record, according to the European Union statistics office’s initial estimate, which was released on Friday.The rate was slightly higher than the previous month’s increase of 4.9 percent. Inflation around the world has jumped as …

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• 8 January 2022 12:23 am

  US Drillers Add Oil, Gas Rigs For Fourth Week

  

  US energy companies kicked off the new year by continuing to add oil and natural gas rigs this week after increasing the rig count in 2021 after two years of declines.The oil and gas rig count, an early indicator of future output, rose two to 588 in the week to …

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• 7 January 2022 11:31 pm

  US Treasury Yields Surge On Wage Growth

  

  The US 10-year note’s yield extended its climb, reaching the highest level in nearly two years, after December employment data showing strong wage growth fanned inflationary concerns and solidified March as the likely starting point for the first rate hike by the Federal Reserve.While the 199,000 new jobs fell short …

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